FX.co ★ SILVER M5: Head and Shoulders

The SILVER M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 78.07, the Neckline and the upward angle are at 77.53/77.61. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of SILVER will go towards 77.59.